Trade associations can enjoy tax-exempt status under federal and state law. Our Trade Associations tax attorneys focus much of their practice on representing organizations on tax-exemption compliance issues. Notably, the team includes a former chair of the Exempt Organization Committee of the American Bar Association Section of Taxation and several former IRS and other government officials. Our tax-related services include:
Securing IRS recognition of initial tax exemptions
Counseling with respect to unrelated business income
Structuring joint ventures
Drafting royalty, affinity, and sponsorship agreements
Structuring tax-exempt bond transactions
Counseling on Form 990 and related tax reporting and compliance matters